Thread: How social mood drives the market Socionomics and the economy

More good work from Bob Prechter and friends

I'm a big fan of Robert Prechter and his Elliott Wave Institute.

It may take a little time to wrap your mind around this material, but I can virtually guarantee it will be worth the effort.

Social mood appears to trump everything (including reality) - and it fluctuates in what appears to be predictable patterns.

From Part One of the film "History's Hidden Energy"


also this is a good video as well...

Robert Prechter on anticipating the future

Watching this will raise your IQ 10 points at least



http://www.realecontv.com/videos/ell...he-future.html

History's Hidden Engine - Part Two

Social mood and the markets



Popular music and the markets

More from the film "History's Hidden Engine." - Part Two.
Elliott Wave History's Hidden Engine - Part Two

History's Hidden Engine - Part Three

"Quantifying emotion"



Elliott Wave, Socionomics, and market emotions

"If you try to follow the news, it will almost always make you do the wrong thing."

"Changes in the economy DO NOT precede changes in social mood."

- Bob Prechter

Markets are moved by moods.

Great numbers when people feel down don't boost
markets and bad numbers when people feel optimistic
don't depress them.

If you could quantify social moods (emotion), it would
give investors a huge advantage.

Good news, you can.

Video:

Elliott Wave History's Hidden Engine - Part Three

Ken McCarthy
Real Econ TV